Binance is the largest crypto exchange by trading volume. Changpeng Zhao founded Binance in 2017. He is an experienced tech entrepreneur and founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for stockbrokers. In 2013, he joined Blockchain.info as the third team member and worked at OKCoin as CTO for less than a year.
Bloomberg estimates that Zhao’s net worth has reached as high as $96 billion. Though that figure fluctuates wildly with the crypto market, it still makes him one of the planet’s richest people. For his part, Zhao seems bemused by the idea that his wealth should impress anyone. “If they think I am worth that much, that is what they think,” he tells me. “It’s fictitious pricing.”